Alberta Investment Management Corp Takes Position in KBR, Inc. $KBR

Alberta Investment Management Corp bought a new stake in KBR, Inc. (NYSE:KBR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 756,481 shares of the construction company’s stock, valued at approximately $30,411,000.

Several other institutional investors and hedge funds have also bought and sold shares of KBR. Royal Bank of Canada boosted its holdings in shares of KBR by 11.2% in the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock valued at $4,073,000 after buying an additional 8,243 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in KBR by 50.8% in the first quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock valued at $31,247,000 after acquiring an additional 211,311 shares during the last quarter. Empowered Funds LLC bought a new position in shares of KBR in the 1st quarter valued at about $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of KBR by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock valued at $19,704,000 after acquiring an additional 23,738 shares during the period. Finally, American Century Companies Inc. increased its stake in shares of KBR by 97.1% during the 2nd quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock worth $2,234,000 after purchasing an additional 22,957 shares during the last quarter. Institutional investors own 97.02% of the company’s stock.

Wall Street Analyst Weigh In

KBR has been the subject of several recent analyst reports. Wells Fargo & Company cut their target price on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Wall Street Zen downgraded KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Weiss Ratings lowered KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Finally, UBS Group reduced their target price on KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $53.25.

Insider Buying and Selling at KBR

In other KBR news, Director Jack B. Moore purchased 4,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $31.44 per share, for a total transaction of $125,760.00. Following the completion of the transaction, the director owned 54,352 shares in the company, valued at approximately $1,708,826.88. This represents a 7.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Carlos A. Sabater purchased 14,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average price of $32.47 per share, with a total value of $470,815.00. Following the completion of the purchase, the director owned 35,705 shares of the company’s stock, valued at $1,159,341.35. This trade represents a 68.38% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have bought 29,875 shares of company stock worth $945,160. 1.15% of the stock is currently owned by company insiders.

KBR Price Performance

Shares of NYSE KBR opened at $32.92 on Friday. The firm has a market cap of $4.17 billion, a P/E ratio of 10.52, a price-to-earnings-growth ratio of 2.02 and a beta of 0.44. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.59. KBR, Inc. has a 1-year low of $29.94 and a 1-year high of $52.23. The business’s 50 day moving average is $34.74 and its 200-day moving average is $38.93.

KBR (NYSE:KBR) last released its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.92 by $0.04. KBR had a net margin of 5.21% and a return on equity of 33.92%. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the prior year, the company posted $1.01 earnings per share. KBR’s revenue was down 4.7% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities research analysts predict that KBR, Inc. will post 3.96 earnings per share for the current year.

KBR Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a yield of 2.0%. KBR’s payout ratio is currently 21.09%.

KBR Profile

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.